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[2009-07-20] Land prices set for Hanoi suburbs
Land prices set for Hanoi suburbs
(Listed Jul 20, 2009)
The Ha Noi People's Committee has set prices for land along a number of new roads and streets in the capital's suburbs.Decision 87/2009/QB-UBND, which comes into effect today, will supplement Decision 62 of the municipal People's Committee, issued on December 31 last year.The new decision applies to Tu Liem and Thanh Tri districts; areas adjacent to main roads in My Duc, Quoc Oai, Soc Son, Thanh Tri and Tu Liem districts; and rural area... |
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[2009-07-20] It's time to fightwaste
It's time to fightwaste
(Listed Jul 20, 2009)
After years of neglect, some plots lie covered in dust choked weeds. The deserted sites are being promoted to drive values at a time when property prices are up and the city struggles to locate land for development. Many large State-owned land plots in the city have been wasted, ill used, occupied or even converted for purposes other than stated in the original agreement for private profits.A tough taskAlthough the city has listed addresses of lan... |
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[2009-07-18] Beachfront building boom hits Vietnam
Beachfront building boom hits Vietnam
(Listed Jul 18, 2009)
A construction boom is underway along Vietnam’s coastline, with more than 8,200 beachfront villas and apartments to hit the market over the next two to three years. Property firm CB Richard Ellis (CBRE) said the beachfront properties under construction will have price tags ranging from US$200,000 to more than $1 million. Despite the high prices, around 70 percent of the beachfront villas and apartments were sold before the p... |
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[2009-07-18] Experts surprised by audacity of proposed Hanoi master plan
Experts surprised by audacity of proposed Hanoi master plan
(Listed Jul 18, 2009)
Hanoi City is giving positive consideration to implementing a long-term urban development plan it has commissioned from an international consortium. However, the draft plan is drawing fire from Vietnamese experts. Early in July, Hanoi authorities reviewed an ambitious plan for Hanoi’s development to 2030, with a ‘vision’ to 2050. The plan calls for the city’s evolution as ‘the firs... |
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[2009-07-18] Marriott to operate new Ha Noi hotel
Marriott to operate new Ha Noi hotel
(Listed Jul 18, 2009)
US based hotel giant Marriott International Inc signed a management agreement with Viet Nam's Bitexco to open a luxury branded hotel in Ha Noi in 2010.The 450-room, nine-storey JW Marriott Hotel Hanoi will be the only hotel adjacent to the new, state-of-the-art National Convention Centre in the city's Tu Liem District, about 7.5km west of the city centre.Based on the city's master plan through 2020, the US$130 million hotel will be sur... |
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[2009-07-17] Gold prices hit VND21 million/tael
Gold prices hit VND21 million/tael
(Listed Jul 17, 2009)
Domestic gold prices on July 16 edged up to VND21 million/tael on a global market rally and news that the US dollar is weak and inflation in the US is likely to increase. SJC gold was offered at VND21 million/tael in Hanoi, up VND140,000 compared to the previous day, while SJC gold hovered at between VND20.91-20.98 million/tael in HCM City. Gold plates by Bao Tin Minh Chau Jewellery and Gemstone Company increased by VND130,000/tael ... |
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[2009-07-17] Cracks found in Hanoi’s new tunnel
Cracks found in Hanoi’s new tunnel
(Listed Jul 17, 2009)
The walls of Hanoi’s Kim Lien Tunnel are already cracked not even one month after it flooded during regular rains on its opening day. With its reputation as the most advanced tunnel in Vietnam immediately marred by the flooding on June 16, the tunnel is a component of a major construction project intended to ease traffic at the Kim Lien intersection. Adding insult to injury, several fissures have appeared on the tunnel&r... |
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[2009-07-17] HCMC to auction six prime land plots
HCMC to auction six prime land plots
(Listed Jul 17, 2009)
Ho Chi Minh City People’s Committee said it has submitted six prime pieces of real estate for the city’s People’s Council to approve for auction. Of the six land plots, five of them are located in District 1. 164 Dong Khoi Street (9,700 square meters), Le Loi-Nam Ky Khoi NghiaHuynh Thuc Khang (4,500 square meters), Ho Tung Mau-Huynh Thuc Khang-Ton That Dam -Ton That Thiep (1,900 square meters), Nguyen HueNgo Duc K... |
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[2009-07-17] City hastens work on Thu Thiem resettlement projects
City hastens work on Thu Thiem resettlement projects
(Listed Jul 17, 2009)
Nguyen Trung Tin, vice chairman of HCMC, promised yesterday that the city government would accelerate construction of 12,500 condo units for the families that have been relocated to make room for the Thu Thiem New Urban Area. The city is racing against the clock to finish the resettlement projects to better the living conditions of thousands of families in Thu Thiem, An Loi Dong, An Khanh, Binh An and Binh Khanh war... |
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[2009-07-17] Vietbuild 2009 attracts 900 enterprises
Vietbuild 2009 attracts 900 enterprises
(Listed Jul 17, 2009)
Over 900 enterprises have registered to attend Vietbuild 2009, an international exhibition of construction, building materials, housing, interior and exterior decoration, in HCMC. This year's event will be organized at Phu Tho Indoors Sports Stadium during September 9-13, said Nguyen Dinh Hung, general director of AFC International Exhibition Fair Corporation, the organizer of Vietbuild 2009. The exhibition attracts the record n... |
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[2009-07-17] Clearance problems delay Ha Noi projects
Clearance problems delay Ha Noi projects
(Listed Jul 17, 2009)
Work on more than 500 investment projects in Ha Noi is at a standstill. The projects are among the 3,401 to receive land totalling more than 33,000ha, according to a report by the Ha Noi People’s Committee. The main reason for the delays was slow land clearance. Involving about 3,500ha, it had prevented 294 projects starting. Of the total, 187 were State-funded and the rest, privately financed. A Ha Noi municipal authority... |
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[2009-07-17] Absence of zoning plan hinders underground projects
Absence of zoning plan hinders underground projects
(Listed Jul 17, 2009)
Underground projects in Vietnam are severely hampered by the lack of an aggregate zoning plan for such sites in urban areas, a conference in the capital city heard Wednesday. Investors worry about problems that can arise when developing urban underground projects before a plan is mapped out, said Luu Duc Hai, head of the Urban Development Department under the Ministry of Construction. They are also confused as there is... |
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[2009-07-17] Steel prices to remain flat over next few weeks
Steel prices to remain flat over next few weeks
(Listed Jul 17, 2009)
Steel prices will remain stable this month and the first half of August as rains are expected to dampen demand for construction, Vietnam News Agency reported Wednesday, citing the Vietnam Steel Association. Steel now retails at VND11.5-13 million per ton (US$645-730) in the north and VND11.2-12.5 million per ton in the south, a 40 percent year-onyear decrease, the agency said. The association said local steel makers pro... |
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[2009-07-16] Boon given, developers line up for cheap housing projects
Boon given, developers line up for cheap housing projects
(Listed Jul 16, 2009)
As the Government has promised special incentives for low-cost housing projects, developers have queued up and put their names down to build hundreds of such facilities for students, workers and low-income earners, the construction ministry said.Construction and property firms, State-owned and private ones alike, have registered to for over 550 social housing projects to quench the needs of students, workers and lo... |
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[2009-07-16] HCM City to develop into greener, roomier city
HCM City to develop into greener, roomier city
(Listed Jul 16, 2009)
Ho Chi Minh City will be turned into a greener, bigger urban zone with the city centre being expanded in all four directions, linking up with urban areas in neighbouring provinces, according to recent re-zoning plans.Following the master plan for Ho Chi Minh city until 2025, the city will now be expanded to the west and southwest, in addition to the three directions previously agreed upon in the 1998 master plan: east, south,... |
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